DIvIDEnD - Stephen M. Ross School of Business - University of ...
DIvIDEnD - Stephen M. Ross School of Business - University of ...
DIvIDEnD - Stephen M. Ross School of Business - University of ...
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{ AluMnI SPoTlIGhT }<br />
the apple never falls far from the tree.<br />
this well-worn axiom is the guiding<br />
principle behind online baby<br />
boutique Bundlelove, founded by Sandy<br />
Lee Carpenter, BBA ’00, and Kailyn<br />
McCracken, MBA ’04. confused about<br />
what to buy someone’s newborn? Just<br />
take a cue from the <strong>of</strong>fspring’s parents,<br />
they say.<br />
is mom a shoe addict or dad a foodie?<br />
at bundlelove.com, shoppers can find specialty<br />
“bundles” designed for almost any<br />
personality or lifestyle: the jet-setter, rock<br />
star, princess, neat freak, spa diva, tree hugger,<br />
bookworm, smarty pants, and more.<br />
there’s even a college-themed bundle,<br />
ideal for little wolverines. “we really have<br />
something for everyone,” says carpenter.<br />
launched in January, santa monicabased<br />
Bundlelove was born from the idea<br />
that shopping for baby gifts should be<br />
easy and fun, says carpenter.<br />
“we’re both at that age where everyone<br />
around us is having babies,” she<br />
says. “finding a unique baby gift can be<br />
difficult. we don’t like buying things <strong>of</strong>f a<br />
registry because it can be impersonal and,<br />
frankly, a bit boring. But retail stores can<br />
be time-consuming and intimidating.”<br />
as for existing online baby stores,<br />
60 <strong>DIvIDEnD</strong> spring 2010<br />
labor <strong>of</strong> love<br />
Baby <strong>Business</strong> Booms for Sandy lee carpenter, BBA ’00,<br />
and Kailyn Mccracken, MBA ’04<br />
<strong>Business</strong> partners Kailyn McCracken, MBA ’04, (left) and sandy Lee<br />
Carpenter, BBA ’00, met in Los Angeles through mutual friends.<br />
carpenter and mccracken find them<br />
“cluttered and overwhelming.”<br />
“we knew there was a better<br />
solution,” says carpenter. “neither <strong>of</strong> us<br />
have kids, so we wanted to create a store<br />
for people like us who may not know<br />
exactly what to buy but want to send a<br />
personal, memorable gift.”<br />
they also wanted to create a seamless<br />
and streamlined consumer experience.<br />
Bundles are pre-packaged and giftwrapped<br />
for one-stop shopping. “we<br />
wanted the gifts to be personal enough<br />
to send to a friend, but also sophisticated<br />
enough to send to a boss or business<br />
client,” says mccracken. “and you don’t<br />
have to think about piecing items together<br />
or wrapping your gift because we’ve<br />
already done the work for you.”<br />
Bundles range from $65–$265 and may<br />
include clothing, books, cDs, skin products,<br />
and toys mostly geared for babies up<br />
to a year old. carpenter and mccracken<br />
spend countless hours researching and<br />
selecting products and brands, which include<br />
Zootie Patootie, aden + anais, green<br />
to grow, and erba organics. the chic Belle<br />
baby carrier (included in the Jet setter<br />
bundle) is favored by celebrities; the convertible<br />
Babymel diaper bag (which comes<br />
in the super Dad) is two bags in one.<br />
the business partners also wanted to<br />
make a statement with a brand identity<br />
that stands out from typical baby fare.<br />
Bundlelove eschews cutesy pastels and<br />
traditional iconography in favor<br />
<strong>of</strong> a more contemporary online look and<br />
feel. the approach is generating<br />
attention from several major mom-<br />
targeted blogs, such as strollertraffic.com<br />
and popsugar.com, which have featured<br />
various bundles on their sites.<br />
“we’re definitely going to continue<br />
to take advantage <strong>of</strong> social media,” says<br />
mccracken. “we’re reaching out to<br />
different blogs all the time and developing<br />
our following on facebook and twitter.<br />
it is an amazing time when the most<br />
powerful marketing tools are available<br />
free <strong>of</strong> charge.”<br />
the next major push will be a marketing<br />
effort directed at corporations.<br />
for now, mccracken and carpenter are<br />
nurturing their nascent business carefully<br />
and monitoring its growth, much like<br />
watchful parents.<br />
“we have made a great deal <strong>of</strong> progress<br />
in the last nine months to launch the site,”<br />
says carpenter. “But we know the biggest<br />
challenges are still ahead <strong>of</strong> us and can’t<br />
wait to take our ‘baby’ to the next level.”<br />
—Leah Sipher-Mann<br />
photos courtesy <strong>of</strong> bundlelove